Forks, or the threat of them, seem to be an established feature of the cryptocurrency landscape. But what are they? Why are they such a big deal? And what is the difference between a hard fork and a soft fork?A “fork,” in programming terms, is an open-source code modification. Usually, the forked code is similar to the original, but with important modifications, and the two … [Read more...] about Hard Fork vs Soft Fork
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First Mover Asia: Bitcoin Falls Slightly in Soft Trading; Launch of VanEck Futures ETF Coming Soon
Good morning, Here’s what’s happening this morning:Market Moves: Bitcoin declines slightly in soft trading.Technician’s take: Upside momentum is slowing, although pullbacks remain limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $63,939, -1.1%Ether (ETH): $4,576, -0.3%Market movesBitcoin … [Read more...] about First Mover Asia: Bitcoin Falls Slightly in Soft Trading; Launch of VanEck Futures ETF Coming Soon
The Bitcoin network welcomes Taproot soft fork upgrade
The Bitcoin (BTC) network successfully activated the Taproot soft fork following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632. The milestone signifies the first major upgrade for Bitcoin since August 2017, which saw the launch of Bitcoin’s leading layer-two solution, the Lightning Network and Segregated Witness (SegWit).The Taproot … [Read more...] about The Bitcoin network welcomes Taproot soft fork upgrade
Bitcoin soft fork days away as Taproot upgrade closes in
Real-world use cases are one of the main adoption drivers for every crypto ecosystem, which also holds true for the Bitcoin (BTC) network. In the next seven days, the Bitcoin protocol will undergo a soft fork in the name of Taproot upgrade, which aims to improve the network’s privacy, efficiency and smart contracts capability. Taproot is Bitcoin’s first major upgrade since … [Read more...] about Bitcoin soft fork days away as Taproot upgrade closes in